Get Approved at The Lowest Rate
Securing a down payment can be one of the biggest challenges on the path to homeownership. That’s why we’re thrilled to offer a comprehensive Down Payment Assistance (DPA) program in Ojai, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Ojai, CA provides a financial boost to eligible homebuyers in Ojai, CA, making it easier to cover the upfront costs of purchasing a home. This assistance is available in the form of a forgivable grant, which means you don’t have to repay it under certain conditions.
Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Ojai, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Ojai, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Ojai, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.
Enjoy the freedom of homeownership in Ojai, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.
To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:
A FICO score of 580 qualifies you for Approve/Eligible status in Ojai, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Ojai, CA.
If you’re still working, you must either be retired or actively volunteer in your community.
We are committed to guiding you through every step of the home-buying process in Ojai, CA. Our experienced team will work closely with you to explore your options, ensuring you make informed decisions that suit your financial situation and homeownership goals.
Don’t let the down payment be a barrier to your dream home. Contact Horizon Lending Services today to learn more about our FHA Down Payment Assistance program in Ojai, CA and take the first step towards owning your home. Our dedicated professionals are here to help you navigate the complexities of home buying with confidence and ease.
Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.
Benefits 1. Low down payment: FHA loans allow for a down payment as low as 3.5%, making homeownership more accessible. 2. Flexible credit requirements: FHA loans may be easier to qualify for than conventional loans, benefiting those with less-than-perfect credit scores. 3. Down payment assistance programs: FHA loans offer various assistance programs to help buyers cover down payment and closing costs, making purchasing a home more affordable. Demographics Ojai, California, is a picturesque city known for its artistic community and outdoor recreation. The population is diverse, with a mix of retirees, young families, and artists contributing to a vibrant local culture. Housing Market The Ojai housing market offers a range of options, from historic estates to modern developments. The median home price is competitive, and with the assistance of FHA loans, buyers have more opportunities to find their dream home. Main Attractions Ojai is famous for its spiritual retreats, organic farms, and the Ojai Music Festival. Outdoor enthusiasts can enjoy hiking in Los Padres National Forest or exploring the local farmers' market.
FHA Down Payment Assistance Home Loan in Ojai, California
